Bankruptcy Law
Art. 103Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. The trustee shall sell the bankruptcy assets in conjunction with the verification of claims received thereby.
2. If the trustee finds that the procedure expenses and secured debts will consume any proceeds from the sale of assets, he may cease the
verification of received claims upon the court's approval.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded